NBER Working Papers

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24211: The Distributional Effects of Building Energy Codes

Christopher D. Bruegge, Tatyana Deryugina and Erica Myers

24210: An Evaluation of the CPI Indexes for Prescription Drugs

Barry Bosworth, John Bieler, Michael Kleinrock, Eric Koepcke and Ernst R. Berndt

24209: Kinship and Conflict: Evidence from Segmentary Lineage Societies in Sub-Saharan Africa

Jacob Moscona, Nathan Nunn and James Robinson

24208: A Sufficient Statistics Approach for Aggregating Firm-Level Experiments

David Sraer and David Thesmar

24207: The Impact of International Patent Systems: Evidence from Accession to the European Patent Convention

Bronwyn Hall and Christian Helmers

24206: Preventives Versus Treatments Redux: Tighter Bounds on Distortions in Innovation Incentives with an Application to the Global Demand for HIV Pharmaceuticals

Michael Kremer and Christopher M. Snyder

24205: A Neoclassical Theory of Liquidity Traps

Sebastian Di Tella

24204: International Tax Reforms with Flexible Prices

Assaf Razin and Efraim Sadka

24203: Do School Spending Cuts Matter? Evidence from The Great Recession

C. Kirabo Jackson, Cora Wigger and Heyu Xiong

24202: The Introduction of Tasers and Police Use of Force: Evidence from the Chicago Police Department

Bocar Ba and Jeffrey Grogger

24201: Bureaucratic Competence and Procurement Outcomes

Francesco Decarolis, Leonardo M. Giuffrida, Elisabetta Iossa, Vincenzo Mollisi and Giancarlo Spagnolo

24200: Statistical Discrimination and Duration Dependence in the Job Finding Rate

Gregor Jarosch and Laura Pilossoph

24199: Misallocation Measures: The Distortion That Ate the Residual

John Haltiwanger, Robert Kulick and Chad Syverson

24198: Dinner Table Human Capital and Entrepreneurship

Hans K. Hvide and Paul Oyer

24197: Match Quality, Search, and the Internet Market for Used Books

Glenn Ellison and Sara Fisher Ellison

24196: Artificial Intelligence, Automation and Work

Daron Acemoglu and Pascual Restrepo

24195: Triffin: dilemma or myth?

Michael Bordo and Robert McCauley

24194: Value for Money? Community Targeting in Vote-Buying and Politician Accountability

Jessica Leight, Dana Foarta, Rohini Pande and Laura Ralston

24193: The Welfare Effects of Encouraging Rural-Urban Migration

David Lagakos, Ahmed Mobarak and Michael Waugh

24192: Environmental Externalities and Free-riding in the Household

B. Kelsey Jack, Seema Jayachandran and Sarojini Rao

24191: Estimating the Direct and Indirect Effects of Major Education Reforms

Michael Gilraine, Hugh Macartney and Robert McMillan

24190: Do Black Politicians Matter?

Trevon Logan

24189: What Can UWE Do for Economics?

Tatyana Avilova and Claudia Goldin

24188: Deaths of Despair or Drug Problems?

Christopher Ruhm

24187: Distrust and Political Turnover during Economic Crises

Nathan Nunn, Nancy Qian and Jaya Wen

24186: The Intergenerational Effects of Parental Incarceration

Will Dobbie, Hans Grönqvist, Susan Niknami, Mårten Palme and Mikael Priks

24185: On the Measurement of Upstreamness and Downstreamness in Global Value Chains

Pol Antras and Davin Chor

24184: Quality of Public Governance and the Capital Structure of Nations and Firms

Shang-Jin Wei and Jing Zhou

24183: Subways and Urban Air Pollution

Nicolas Gendron-Carrier, Marco Gonzalez-Navarro, Stefano Polloni and Matthew Turner

24182: The Fragility of Market Risk Insurance

Ralph Koijen and Motohiro Yogo

24181: The Effects of Rent Control Expansion on Tenants, Landlords, and Inequality: Evidence from San Francisco

Rebecca Diamond, Timothy McQuade and Franklin Qian

24180: Are Lemons Sold First? Dynamic Signaling in the Mortgage Market

Manuel Adelino, Kristopher Gerardi and Barney Hartman-Glaser

24179: Rethinking Stabilization Policy: Evolution or Revolution?

Olivier Blanchard and Lawrence H. Summers

24178: Frictional Coordination

George-Marios Angeletos

24177: Global Inequality when Unequal Countries Create Unequal People

Martin Ravallion

24176: Should Retail Investors' Leverage Be Limited?

Rawley Z. Heimer and Alp Simsek

24175: Do Taxes Increase Economic Inequality? A Comparative Study Based on the State Personal Income Tax

Ugo antonio Troiano

24174: Artificial Intelligence and Its Implications for Income Distribution and Unemployment

Anton Korinek and Joseph Stiglitz

24173: Parenthood, Family Friendly Workplaces, and the Gender Gaps in Early Work Careers

V. Joseph Hotz, Per Johansson and Arizo Karimi

24172: Impact Evaluation in Matching Markets with General Tie-Breaking

Atila Abdulkadiroglu, Joshua Angrist, Yusuke Narita and Parag Pathak

24171: Intermediation as Rent Extraction

Maryam Farboodi, Gregor Jarosch and Guido Menzio

24170: Crude Oil Price Differentials and Pipeline Infrastructure

Shaun McRae

24169: When Corporate Social Responsibility Backfires: Theory and Evidence from a Natural Field Experiment

John List and Fatemeh Momeni

24168: The Death of a Regulator: Strict Supervision, Bank Lending, and Business Activity

João Granja and Christian Leuz

24167: Structural Interpretation of Vector Autoregressions with Incomplete Identification: Revisiting the Role of Oil Supply and Demand Shocks

Christiane Baumeister and James D. Hamilton

24166: Inferring Inequality with Home Production

Job Boerma and Loukas Karabarbounis

24165: Productivity and Pay: Is the link broken?

Anna M. Stansbury and Lawrence H. Summers

24164: The Cross-Section of Risk and Return

Kent Daniel, Lira Mota, Simon Rottke and Tano Santos

24163: Short- and Long-Horizon Behavioral Factors

Kent Daniel, David Hirshleifer and Lin Sun

24162: Necessary and Sufficient Conditions for Existence and Uniqueness of Recursive Utilities

Jaroslav Borovička and John Stachurski

24161: How Do Individuals Repay Their Debt? The Balance-Matching Heuristic

John Gathergood, Neale Mahoney, Neil Stewart and Jörg Weber

24160: Changes across Cohorts in Wage Returns to Schooling and Early Work Experiences

Jared Ashworth, V. Joseph Hotz, Arnaud Maurel and Tyler Ransom

24159: Knowledge Spillovers and Learning in the Workplace: Evidence from the U.S. Patent Office

Michael D. Frakes and Melissa F. Wasserman

24158: The Arsenal of Democracy: Production and Politics During WWII

Paul Rhode, James M. Snyder, Jr. and Koleman Strumpf

24157: Willingness to Pay for Clean Air in China

Richard Freeman, Wenquan Liang, Ran Song and Christopher Timmins

24156: Open Enrollment Periods and Plan Choices

Francesco Decarolis, Andrea Guglielmo and Calvin Luscombe

24155: Physician Practice Style and Healthcare Costs: Evidence from Emergency Departments

Gautam Gowrisankaran, Keith A. Joiner and Pierre Leger

24154: An Historical Perspective on the Quest for Financial Stability and the Monetary Policy Regime

Michael Bordo

24153: Intergovernmental Cooperation and Tax Enforcement

Ugo antonio Troiano

24152: Regulating Capital Flows to Emerging Markets: An Externality View

Anton Korinek

24151: Recent Manufacturing Employment Growth: The Exception That Proves the Rule

Robert Lawrence

24150: Increasing Community College Completion Rates among Low-Income Students: Evidence from a Randomized Controlled Trial Evaluation of a Case Management Intervention

William Evans, Melissa S. Kearney, Brendan C. Perry and James X. Sullivan

24149: Rules Versus Discretion: Assessing the Debate Over the Conduct of Monetary Policy

John Taylor

24148: Short-Run and Long-Run Effects of Milton Friedman's Presidential Address

Robert E. Hall and Thomas Sargent

24147: Labor Market Concentration

Jose Azar, Ioana Marinescu and Marshall I. Steinbaum

24146: Augmenting Markets with Mechanisms

Samuel Antill and Darrell Duffie

24145: Mars or Mercury? The Geopolitics of International Currency Choice

Barry Eichengreen, Arnaud Mehl and Livia Chitu

24144: The Causal Effect of Limits to Arbitrage on Asset Pricing Anomalies

Yongqiang Chu, David Hirshleifer and Liang Ma

24143: Index Investing and Asset Pricing under Information Asymmetry and Ambiguity Aversion

David Hirshleifer, Chong Huang and Siew Hong Teoh

24142: Misvaluation and Corporate Inventiveness

Ming Dong, David Hirshleifer and Siew Hong Teoh

24141: The Importance of Education and Skill Development for Economic Growth in the Information Era

Charles R. Hulten

24140: Housing Disease and Public School Finances

Matthew Davis and Fernando Ferreira

24139: Costs of Inefficient Regulation: Evidence from the Bakken

Gabriel Lade and Ivan Rudik

24138: Exploiting MIT Shocks in Heterogeneous-Agent Economies: The Impulse Response as a Numerical Derivative

Timo Boppart, Per Krusell and Kurt Mitman

24137: Norms in Bargaining: Evidence from Government Formation in Spain

Thomas Fujiwara and Carlos Sanz

24136: On Bunching and Identification of the Taxable Income Elasticity

Sören Blomquist, Whitney Newey, Anil Kumar and Che-Yuan Liang

24135: Making Discretion in Monetary Policy More Rule-Like

Frederic Mishkin

24134: The Value of Pharmacogenomic Information

John A. Graves, Shawn Garbett, Zilu Zhou and Josh Peterson

24133: Incentivizing Better Quality of Care: The Role of Medicaid and Competition in the Nursing Home Industry

Martin B. Hackmann

24132: Does Size Matter? Bailouts with Large and Small Banks

Eduardo Davila and Ansgar Walther

24131: Evolution of the Infant Health Production Function

Hope Corman, Dhaval Dave and Nancy E. Reichman

24130: Inferring the Ideological Affiliations of Political Committees via Financial Contributions Networks

Yiran Chen and Hanming Fang

24129: How do insurance firms respond to financial risk sharing regulations? Evidence from the Affordable Care Act

Daniel W. Sacks, Khoa Vu, Tsan-Yao Huang and Pinar Karaca-Mandic

24128: Persistent Effects of Teacher-Student Gender Matches

Jaegeum Lim and Jonathan Meer

24127: The Mortality Effects of Retirement: Evidence from Social Security Eligibility at Age 62

Maria Fitzpatrick and Timothy Moore

24126: A Macroeconomic Model with Financial Panics

Mark Gertler, Nobuhiro Kiyotaki and Andrea Prestipino

24125: Scale versus Scope in the Diffusion of New Technology: Evidence from the Farm Tractor

Daniel Gross

24124: One Markup to Rule Them All: Taxation by Liquor Pricing Regulation

Eugenio Miravete, Katja Seim and Jeff Thurk

24123: Taxes and Turnout

Felix Bierbrauer, Aleh Tsyvinski and Nicolas Werquin

24122: The Effects of Quantitative Easing: Taking a Cue from Treasury Auctions

Yuriy Gorodnichenko and Walker Ray

24121: Geography, Income, and Trade in the 21st Century

Dan Liu and Christopher Meissner

24120: The Affordability Goal and Prices in the National Flood Insurance Program

Matthew Kahn and V. Kerry Smith

24119: Low-Skill and High-Skill Automation

Daron Acemoglu and Pascual Restrepo

24118: The Diffusion of New Institutions: Evidence from Renaissance Venice's Patent System

Stefano Comino, Alberto Galasso and Clara Graziano

24117: On the Estimation of Treatment Effects with Endogenous Misreporting

Pierre Nguimkeu, Augustine Denteh and Rusty Tchernis

24116: Endogenous Production Networks

Daron Acemoglu and Pablo Azar

24115: Weak States: Causes and Consequences of the Sicilian Mafia

Daron Acemoglu, Giuseppe De Feo and Giacomo De Luca

24114: The Long-Run Effects of the Earned Income Tax Credit on Women’s Earnings

David Neumark and Peter Shirley

24113: The Influence of Peer Genotypes and Behavior on Smoking Outcomes: Evidence from Add Health

Ramina Sotoudeh, Dalton Conley and Kathleen Mullan Harris

24112: The Rate of Return on Everything, 1870–2015

Oscar Jorda, Katharina Knoll, Dmitry Kuvshinov, Moritz Schularick and Alan Taylor